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The XUV 700, Mahindra's flagship SUV, features a robust engine capacity of 2,198 cc and an impressive safety rating of 5. Yet, its appeal goes beyond these specifications.


Offering a comprehensive range of 23 distinct variants, the Mahindra XUV 700 caters to a diverse array of preferences and needs. This extensive selection empowers you to find the perfect variant tailored to your requirements, with the price varying based on the chosen model.


Considering the purchase, it's crucial to factor in the cost of insurance for your XUV 700. Beyond fulfilling legal requirements in India, car insurance plays a vital role in safeguarding your financial interests. The Mahindra XUV 700 insurance premium is influenced by factors such as coverage amount, plan type, XUV 700 variant, and other considerations.

Check Insurance Premiums for Mahindra XUV 700 Variants

For a precise estimate of your XUV 700's insurance premiums, it's essential to check rates specific to your car variant. With this information, seamlessly integrate insurance costs into the overall purchase price, ensuring financial preparedness for both acquiring and protecting your dream car.


Here are the ex-showroom prices for various XUV 700 variants alongside their corresponding insurance costs to make well-informed decisions:

XUV 700 Variant Name

Fuel Type

XUV 700 Ex-Showroom Price

Proposed Third-Party Premium Rates (₹) FY 2022-23

XUV 700 MX


₹12.95 Lakhs


XUV 700 MX Diesel


₹13.47 Lakhs


XUV 700 AX3


₹15.02 Lakhs


XUV 700 AX3 Diesel


₹15.53 Lakhs


XUV 700 AX5


₹16.05 Lakhs


XUV 700 AX3 7 STR Diesel


₹16.26 Lakhs


XUV 700 AX3 AT


₹16.57 Lakhs


XUV 700 AX5 Diesel


₹16.67 Lakhs


XUV 700 AX5 7 STR


₹16.67 Lakhs


XUV 700 AX3 Diesel AT


₹17.29 Lakhs


XUV 700 AX5 7 STR Diesel


₹17.29 Lakhs


XUV 700 AX5 AT


₹17.70 Lakhs


XUV 700 AX5 Diesel AT


₹18.32 Lakhs


XUV 700 AX7


₹18.63 Lakhs


XUV 700 AX5 7 STR Diesel AT


₹18.94 Lakhs


XUV 700 AX7 Diesel


₹19.25 Lakhs


XUV 700 AX7 AT


₹20.28 Lakhs


XUV 700 AX7 Diesel AT


₹20.90 Lakhs


XUV 700 AX7 Diesel Luxury Pack


₹21.00 Lakhs


XUV 700 AX7 AT Luxury Pack


₹22.04 Lakhs


XUV 700 AX7 AWD Diesel AT


₹22.24 Lakhs


XUV 700 AX7 Diesel AT Luxury Pack


₹22.66 Lakhs


XUV 700 AX7 Diesel AT Luxury Pack AWD


₹23.79 Lakhs


Disclaimer: The above information is for the new XUV 700  in Delhi only. Premium rates will depend on the XUV 700 model, variant, fuel type, place and year of registration, IDV, add-on covers and various other factors.

How to Buy XUV 700 Insurance Online:

Now that you've assessed the premiums for different XUV 700 variants, understanding how to purchase and renew insurance online is crucial. Bajaj Markets offers an easy and affordable way to secure your XUV 700 with insurance:

  • Navigate to the ‘Car Insurance Premium Calculator page

  • Provide your phone number and car registration details

  • Complete the application form with the necessary information

  • Compare available insurance plans before making a selection

  • Check the XUV 700 insurance cost and pay the premium securely online


You will then receive your policy document at your registered email address

Why Insure Your XUV 700:

Buying XUV 700 insurance offers several advantages for both your SUV and finances:

  • Legal Requirement:

Insuring your XUV 700 against third-party liabilities is mandatory in India.

  • Financial Protection:

Your insurance plan covers the costs of repairing accidental damages, saving you from out-of-pocket expenses.

  • Comprehensive Coverage:

XUV 700 insurance takes care of repairing damages from natural or man-made calamities, ensuring comprehensive protection.

  • Additional Benefits:

Car insurance plans often include valuable add-on covers, enhancing the overall protection for your XUV 700.

Types of XUV 700 Car Insurance:

When it comes to XUV 700 insurance, there are primarily two types of plans, and the XUV 700 insurance price is influenced by the one chosen. Here's an in-depth look at the main car insurance covers available:

  • Third-party Car Insurance

A third-party car insurance plan covers any liabilities you might incur towards a third party in the event of accidentally injuring another person or damaging their property. This insurance type is not only advisable but also a legal requirement under the Motor Vehicles Act, 1988. It ensures legal compliance and financial protection.


  • Comprehensive Car Insurance

A comprehensive car insurance plan offers the benefits of third-party coverage along with more extensive benefits under a single policy. It covers accidental damage to your car, as well as damages arising from natural or man-made disasters. Additionally, you have the option to purchase add-on covers for supplementary benefits.


  • Own Damage Insurance

Own Damage Cover offers comprehensive protection for your vehicle, safeguarding it against damages stemming from accidents, collisions, vandalism, fire, and other perils. It covers the expenses for repairs or replacement of your insured vehicle, ensuring financial security and peace of mind in case of any damage.


Before finalizing your XUV 700 insurance cover, understanding the inclusions is crucial. Beyond just the XUV 700 insurance price, here are some typical inclusions in the plans available:

  • Third-party liabilities
  • Expenses for repairs and replacements
  • Damage or loss due to natural or manmade calamities
  • Personal accident cover for the driver and passengers
  • Damage caused due to accidents


Every car insurance plan has specific exclusions that are not covered by the policy. While these exclusions may vary, the general exclusions in an XUV 700 insurance plan include:

  • Regular wear and tear
  • Electrical or mechanical breakdown
  • Damages caused by malicious activities
  • Damages caused during a war-like situation
  • Damages caused while driving under the influence of alcohol
  • Damage or loss caused while driving without a valid license or when the insurance policy is inactive

Add-On Covers for Your XUV 700 Car Insurance

In addition to understanding the inclusions and exclusions, it's essential to be aware of the add-on covers available for your XUV 700 insurance policy. While opting for these add-ons may slightly increase the insurance price, they offer specific benefits outlined below.

  • Consumables Cover:

Covers costs related to consumables like engine oil, coolant, and lubricants, eliminating out-of-pocket expenses for refilling or replacement.

  • Roadside Assistance:

Provides emergency on-road assistance, covering services such as refuelling, car tire repair, towing, and more.

  • No Claim Bonus Protection Cover:

Ensures that your No Claim Bonus (NCB) remains intact even if you make up to two claims during the policy year.

  • Engine Protector:

Covers the repair costs for damages to your car's engine caused by issues like oil leaks, water seepage, or similar causes.

Process for Filing Cashless Claims

  • Report the accident immediately to your insurer.
  • Choose a Network Garage
  • Take your vehicle to the nearest network garage for repairs.
  • Submit relevant documents and bills to your insurer.
  • Your insurer will directly settle the claim with the garage after verifying the paperwork.

Process for Filing Reimbursement Claims

Contact Your Insurer:

  • Inform your insurer about the damage to your car.
  • In case of theft, file a First Information Report (FIR).
  • Submit the FIR copy and required paperwork to the insurer.
  • Take your vehicle to a garage of your choice and pay for the repairs.
  • Submit receipts and bills to your car insurance provider.
  • The insurer will reimburse your expenses after verifying the bills.

Documents Required for Raising an Insurance Claim:

To expedite the claim process, ensure you have the following documents ready:

  • Your insurance policy document

  • Details of your insurer

  • Details of your vehicle

  • Details of the incident causing damage or loss

  • FIR copy (in case of theft)

  • Original bills and receipts for vehicle repairs

Tips for Maintaining Your Mahindra XUV 700

To ensure the longevity of your valuable Mahindra XUV 700 and to prevent costly repairs, regular and proper maintenance is essential. Here are some simple yet effective tips to keep your SUV performing optimally for years to come:

  • Inspect Battery and Clean Terminals:

Regularly inspect your car's battery and clean the terminals with a wire brush to remove any deposits, ensuring a stable and efficient power supply.

  • Check Coolant Levels Monthly:

Monitor your car's coolant levels monthly and top it up if necessary to prevent overheating and maintain optimal engine temperature.

  • Air Filter Maintenance:

Check and replace the air filter if it appears dirty or dusty to ensure proper air circulation and maintain engine efficiency.

  • Warm Up the Engine:

Calmly drive the car for a few minutes to allow the engine to warm up gradually, promoting better lubrication and efficiency.

Mahindra XUV 700 Maintenance Costs

Mahindra recommends servicing the XUV 700 at authorized service centres according to specified intervals, enhancing performance and preventing unexpected breakdowns. Before scheduling service, it's crucial to be aware of the potential costs. Here's an approximate table outlining XUV 700 service costs at various maintenance intervals:


Kilometres / Months

Free / Paid

Total Cost

1st Service

10,000 / 12 months


Rs. 3,540

2nd Service

20,000 / 24 months


Rs. 750

3rd Service

30,000 / 36 months


Rs. 8,204

4th Service

40,000 / 48 months


Rs. 6,679

5th Service

50,000 / 60 months


Rs. 5,744

Note: The costs mentioned above are merely approximations and pertain to the Mahindra XUV 700 diesel MT variant. Depending on the Mahindra XUV 700 variants that you choose, the costs may change.

Replacement Cost of Parts Changed During Service

During regular servicing, various parts, components, and consumables such as engine oil, oil filter, brake oil, spark plugs, and air filter are replaced to ensure optimal performance and mileage of the Mahindra XUV 700.


To determine the replacement costs of these parts, it is recommended to contact a Mahindra authorized service center. This approach provides a more accurate understanding of costs, enabling you to plan your finances efficiently.

Components Replaced or Serviced at Different Intervals

Scheduled replacement of key components during manufacturer-specified service intervals is essential for extending the engine's life in the Mahindra XUV 700. This practice not only preserves the vehicle's mileage but also helps prevent potential malfunctions.


For detailed information on components requiring replacement at specific intervals, consult the Warranty and Service Information Guide (WSIG) provided by the manufacturer. Alternatively, seek clarification from your authorized service centre.


The Mahindra XUV 700, a luxury SUV equipped with modern technological features like Advanced Driver Assistance Systems (ADAS), can incur substantial repair costs in the event of an accident causing damage to sensitive electronics.


However, the financial burden of damages to your XUV 700 can be alleviated with a comprehensive XUV 700 insurance policy. Such insurance coverage can either cover the entire repair costs or a significant portion, reducing the financial impact you may face due to an unfortunate accident. Having comprehensive insurance ensures that you can enjoy your XUV 700 without undue financial worries in case of unexpected events.

Check Out Car Insurance Partners Available at Bajaj Markets

FAQs on XUV 700 on Road Price

How is the Insured Declared Value (IDV) for my Mahindra XUV 700 calculated?

The IDV for your XUV 700 is calculated by reducing depreciation from the ex-showroom price of the car. The amount of depreciation is dependent on the number of years from the date of registration. 

Can I opt for a multi-year car insurance plan for my Mahindra XUV 700?

Yes. You can opt for a multi-year car insurance plan. The maximum tenure that you can choose under such plans is 5 years. 

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